Deflationary Depression, Government Lies & A New Paradigm

KingWorldNews.com
August 24, 2014

With a non-stop flow of propaganda from Western mainstream media outlets, today Michael Pento warned King World News about a looming deflationary depression, government lies, and a new paradigm. Pento also discussed the greatest bubble in history.

By Michael Pento of Pento Portfolio Strategies

Market pundits appear to be mostly dumbfounded as global bond yields continue to set record lows. For example: The 10-year German bund fell below 1 percent, the Italian 10-year note has dropped below 2.60 percent, Spanish bonds fell to 2.40 percent, and Japan is offering a shocking one half of 1 percent to borrow funds for 10 years. Even Greece, whose bonds were on ECB life support just two years ago, has a 10-year note yielding below 6 percent. Worldwide bond yields are at all-time lows, leaving market commentators scrambling to come up with a creative array of explanations for this phenomenon….

The Rest…HERE

This entry was posted on Sunday, August 24th, 2014 at 1:40 am and is filed under Conspiracy, Corruption, Economics, Government Evil, Media Lies. You can follow any responses to this entry through the RSS 2.0 feed.